According to experts in the real estate field, the best way to add value to your home is by adding square footage or remodeling kitchens and bathrooms. However, staying smart about any of these renovations is the best way to get the most out of a property. There is such a thing as overdoing it when it comes to remodeling. Use these ideas to actually help boost your selling price and get you where you want to be on the market.
Any extra space that is suitable for everyday use is more room for your family to use. It also increases the value of your home. Screened-in porches, sundecks, and outdoor kitchens give you more space to hold family gatherings, cookouts, and other parties. Gazebos are a beautiful addition that add character and class to a property. Fountains bring a good return on investment when they are integrated in a tasteful manner as well. In some areas, installing a secure garage door builds equity because you add to the security and ease of access to the home. Places like Perimeter Security Systems can help your installation process and can be a great investment in the long run.
Refreshing the Paint
Every real estate expert will tell you to paint your home before putting it on the market. A fresh coat of paint makes the entire space feel clean and welcoming. It is a good idea to use neutral colors so potential buyers can envision themselves in the home. Painting gives you time to find cracks in the walls or moisture that could signal hidden problems as well.
Fixing the Roof
People do not want to worry about their new home leaking, so if your roof is old or has some issues, it is best to fix them before you try to sell it. A new roof can add value because the insurance knows when you had it repaired. A roof that looks new is going to attract more buyers simply because it is uniform and clean as well.
Upgrading the Kitchen Appliances
The newer and more efficient the appliances are, the more value your home will have when it comes time to sell. People want the best products with the finishes they love. Black on black and stainless steel are a favorite options for kitchens. Most people also adore solid wood cabinetry so think about new fixtures or investments here to add some value to your rooms.
Remodeling the Bathroom
Bathrooms can get expensive to remodel so it is important to choose a budget and a plan before seeing them through to the end. By adding a new vanity or switching out the shower stall for a soaker tub with a shower head, you can build equity in your home. Even small touches make a difference so see what your budget and remodel time might allow.
Anything that has to do with maintaining, upgrading, or making a home more functional usually adds value to a selling price. Things that are customized or loud like bright paint colors, patterns, or features can detract from the value. Being sensible about additions by researching and getting estimates is the best way to find out what to do in your situation.
June 8, 2016